The prices in real estate in Holly Ridge, in the North Carolina region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Holly Ridge has increased strongly during the last 6 months. In October, the average price per sq.feet was $221. In the following month the price per sq.feet decreased to $207. In the following two months the price per sq.feet has barely changed, going from $214 to $213.5 per sq.feet. The price per sq.feet has had a considerable increase of 852 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $213.75 to $1,820.5 during February, and March.
Based upon to the price in Holly Ridge (cities), these have remained the same in the last 6 months. The average price for October is $454,215. During November the price had a slight fall till $415,022. In the following two months the average price has remained the same with regard to the previous two months from $434,618.5 to $440,797. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $462,426 they are 44 % more affordable than the average price for Holly Ridge. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 1 bedroom priced at $437,704.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $213 / sq.feet, with an average $2,692 / sq.feet price in Holly Ridge. The properties with the lowest average prices have 1 bedroom. They are 84 % cheaper than the average followed by properties with 2 bedrooms with a price at $261 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $462,426 it is 65 % cheaper than the average price in Holly Ridge. "Commercial Property" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $239,601 it is 30 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $22 / sq.feet followed by "Condo" priced at $38 / sq.feet. "House" is the cheapest type of property with a $264 / sq.feet value followed by "Duplex" with an average price of $85 / sq.feet.